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3 bedroom house for sale

Fractional ownership apartments, Polzeath


Property Description

Full description

The first of its kind in this ever popular location. The apartments at The Atlantic House are being offered for sale on a fractional (shared) basis. Each fraction has a 999 year lease and will provide exclusive use of your own luxury apartment for five weeks of the year. All apartments have unrivalled sea views and direct access to the beach. There are 9 apartments (2 & 3 bedroom) your five weeks will always include; one week in the height of the season (July & August, two weeks in the mid season (March/April/May/Sept./Oct.) and two weeks in the low season (Jan./Feb./Nov/Dec.). There are ten fractions per apartment and five weeks per fraction. Prices range from £115,000 to £165,000. This is a rare property investment opportunity not to be missed, in one of Cornwall’s most desirable locations.

All apartments are fully furnished, serviced and have the benefit of hotel, restaurant, bar and management facilities, leaving you free to enjoy your holiday.

In addition to the apartments there will also be a 12 bedroom luxury coastal family hotel with the welcome return of the much loved Doom Bar and famous terrace plus bistro food.

The Atlantic House is situated in New Polzeath which is 3 miles from Rock and Padstow by a short ferry ride. In addition to the many amenities in Polzeath there is sailing, surfing, wind surfing, water skiing, kayaking, coastal walking and two fantastic golf courses within a short drive of the apartments. Polzeath has a good range of shops, wonderful restaurants and lively cafes. The beach, a stone’s throw away, has surf to die for and is a small piece of heaven for families and small (large) children. Plentiful rock pools to provide hours of fascination. Still energetic? How about a bike ride from Wadebridge to Padstow in one direction, viewing wildlife along the Camel Estuary as you go, or Bodmin in the other.

There are 10 fractions for each apartment totaling 50 weeks per annum, per apartment. The remaining two weeks will be used for renovations and maintenance. There is no limit to the number of fractions that may be purchased by one person or group (subject to a maximum of 90.)

Long-term storage is available less than 10 mins drive away (on annual licence) and whilst staying at The Atlantic there will be secure storage for surfboards and wetsuits on site for the week.


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Listing History

Added on Rightmove:
01 April 2014


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